Shipping port integration is expected to spread to Rizhao, Dalian,

Jinzhou port major issues suspension, Dalian Port H shares issued program approved.

October 12th evening Jinzhou port announcement, due to the first major shareholder Dalian Port group planning major issues related to the suspension of the listing Corporation's equity. Dalian Port announcement that night, the company issued shares of H shares program approved by the SFC, the use of funds raised in the domestic and foreign investment in port or optimize the integration of key words. We believe that the above issues will be lit by the market to the Northeast port of integration is expected, that the government may through Dalian Port port resources in Northeast China (Dalian Port, Yingkou, Jinzhou port, Dandong port, etc.) to integrate, to facilitate unified management and coordination development.

Regional port integration for the current trend. In in recent years the port throughput slowdown and port construction, the lack of overall planning, vicious competition intensified background under, governments around the world to coordinated development to enhance the effectiveness and gradually establish the port assets management platform of regional resources for the unified layout, currently existing in the Beibu Gulf, Hebei Port, Xiamen port, Ningbo Zhoushan port and other case. For details, please reference we report "Shun shipping: shipping enterprises to proceed with the reform, Zhejiang seek large platform strategy".

Zhejiang port platform has been initially built, the future is expected to set up port integrated platform. Zhejiang has completed the merger of the Ningbo port group and Zhoushan port group, the province's future is likely to be the port investment and operation group Co., Ltd. as a platform to guide the development and integration of the province's port and shipping assets, and Ningbo port and Ningbo ocean shipping is likely to become a comprehensive listing of assets of port, shipping.